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ATS Homekraft sells 340 flats on Dwarka Expressway for Rs 825 cr
Realty firm ATS Homekraft has successfully sold all 340 luxury homes in the first phase of its new project along the Dwarka Expressway in Gurugram for ?825 crore, driven by strong demand from end-user customers. The project, named 'Sanctuary 105,' was launched earlier this month and has received an overwhelming response, with over 700 expressions of interest from potential buyers. The housing project spans 13 acres and features 334 units. Udaivir Anand, Managing Director of ATS Homekraft, noted that the company aimed to offer this luxury housing project at an affordable price to target end-u..
Coal India's Contribution to Govt Exchequer Drops by 0.6% in H1 FY25
Coal India Ltd (CIL), the state-owned coal giant, reported a slight decrease of 0.6% in its contributions to the government exchequer for the first half of the current fiscal year. According to provisional data from the coal ministry, CIL paid Rs 289.3 bn in levies during the April-September period of FY25, down from Rs 291.22 bn during the same period last year. CIL, which produces over 80% of India’s domestic coal, saw its total payments to the exchequer for September drop significantly by 11.1%, from Rs 48.79 bn in FY24 to Rs 43.35 bn in FY25. These payments are derived from various levie..
ONGC to Establish Mini-LNG Plants to Utilize Stranded Natural Gas
State-owned Oil and Natural Gas Corporation (ONGC) is embarking on a project to set up mini-LNG (liquefied natural gas) plants aimed at evacuating natural gas from wells in regions that lack pipeline connectivity. The initiative targets five sites across Andhra Pradesh, Jharkhand, and Gujarat, where mini plants will be established at wellheads to convert natural gas into LNG by supercooling it to minus 160 degrees Celsius. Project Overview The produced LNG will be transported via cryogenic trucks to the nearest pipeline, where it will be re-gasified and injected into the network for distributi..
